Which of the following balance of payments definitions is accurate?

a. International transactions between the citizens of one country and the citizens of foreign countries during a given period of time.
b. International payments between the citizens of one country and the citizens of foreign countries during a given period of time.
c. International transactions between the residents of one country and the residents of foreign countries at a given point in time.
d. International transactions between the residents of one country and the residents of foreign countries during a given period of time.
e. International monetary payments between the residents of one country and the residents of foreign countries during a given period of time.


.D

Economics

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If the total cost function is TC = Q3 - 6Q2 + 14Q + 75, at what output is the AVC = MC?

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Economics